LINCOLN SPORT PARACHUTE CLUB (EIN 470701475) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

CHRIS BERAN

Phone

4029905204

Tax Period

2024-01-01 to 2024-12-31

LINCOLN SPORT PARACHUTE CLUB, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $199K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $421K represent 25 months of operating reserves.

Mission

THE CLUB'S PRIMARY SERVICE IS INSTRUCTION AND PARTICIPATION IN THE SPORT OF PARACHUTING. THIS SERVICE IS PRIMARILY OFFERED TO INDIVIDUALS, HOWEVER THE CLUB DOES PARTICIPATE IN EDUCATIONAL AND SOCIAL EVENTS THAT SEEK TO INFORM AND PROMOTE THE SPORT TO SURROUNDING COMMUNITY ORGANIZATIONS AS WELL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $198,890

Investment Income $0

Other Revenue $0

TOTAL REVENUE $198,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $173,388

Other Expenses $206,337

TOTAL EXPENSES $206,337

Year-over-Year Comparison

	2024	2023	Change
Revenue	$198,890	$210,269	-0.1%
Expenses	$206,337	$221,549	-0.1%
Net Income	$-7,447	$-11,280	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAUN BURDESS	PRESIDENT	5.00	Officer Director	$0	$0	$0
DAVID MUNOZ	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS BERAN	TREASURER	2.00	Officer Director	$0	$0	$0
GARRETT CROSBIE	SECRETARY	2.00	Officer Director	$0	$0	$0
TRAVIS BADER	TRAINING OFFICER	5.00	Director	$0	$0	$0
LEAH KEMALYAN	BOARD MEMBER	2.00	Director	$0	$0	$0
RIAN KANOUFF	BOARD MEMBER	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$198,890	$206,337	$421,461	$-7,447
2023	$210,269	$221,549	$428,908	$-11,280
2022	$248,438	$273,731	$440,188	$-25,293
2021	$318,397	$301,409	$465,481	$16,988
2020	$258,656	$257,220	$448,493	$1,436
2019	$252,271	$246,567	$447,057	$5,704
2018	$261,967	$223,675	$441,353	$38,292

LINCOLN SPORT PARACHUTE CLUB